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Rory Woolsey's Construction Estimating Blog: Mark It Up!

Rory Woolsey

“ What are the” appropriate” markups for overhead, profit and contingency when budgeting facilities construction projects?” Beyond this, the installing contractor’s overhead(s) and profit will need to be added. Overhead: Overhead is the markup for the general contractor’s home office overhead.

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Rory Woolsey's Construction Estimating Blog: A New Year in.

Rory Woolsey

Rory is currently with The Gordian Group, leaders in expediting construction procurement through Job Order Contracting. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972. Labor Productivity?

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Rory Woolsey's Construction Estimating Blog: Costing Construction

Rory Woolsey

Bare is exactly that; it is the bare cost of the direct activities less any mark ups for labor burden, taxes, bond, overhead and profit. All direct costs are then adjusted to include home office overhead and profit for the installing contractor. Site overhead costs can be 5% to 15% of the overall project cost.

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Rory Woolsey's Construction Estimating Blog: The Estimating.

Rory Woolsey

Rory is currently with The Gordian Group, leaders in expediting construction procurement through Job Order Contracting. Rory Woolsey has worked in Management and Engineering for the construction industry for 35 years, starting as a construction laborer in Billings, Montana, in 1972.

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Rory Woolsey's Construction Estimating Blog: Losing Your Shirt.

Rory Woolsey

A project cost should also include the indirect costs such as site specific overhead (indirectly attributable to all the project direct costs and can be 5% to 15% of project cost), home office overhead, profit, bond, sales taxes and even certain contingencies.

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Rory Woolsey's Construction Estimating Blog: A Savings Analysis!

Rory Woolsey

This equates to 75 labor hours x a cost of $60 per hour (with all overhead and burdens) which equates to about 6% additional savings on a typical $80,000 JOC project. Rory is currently with The Gordian Group, leaders in expediting construction procurement through Job Order Contracting.